co-investments with VC & PE firms

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INDUSTRIES WE SERVE

The Hercules Team

Hercules has been a great partner for Box since 2008. They were very supportive during the financial crisis and grew through multiple transactions as our business started to scale. The Hercules team is flexible, creative and easy to work with. I would highly recommend them for any growth company looking for capital.

Dylan Smith
(CFO, Box)

Featured Portfolio Companies

Paratek Pharmaceuticals

Paratek Pharmaceuticals, Inc. is a privately held biopharmaceutical company engaged in the discovery and commercialization of new therapeutics that treat life threatening infectious and other serious diseases.

Anacor Pharmaceuticals, Inc.

Anacor is a biopharmaceutical company focused on discovering, developing and commercializing novel small-molecule therapeutics derived from its boron chemistry platform, which include topically administered dermatologic compounds. Acquired by Pfizer in 2016.

Machine Zone

From the beginning, Machine Zone set out to build something that had never been developed before - a massively multiplayer online game that the whole world can play at the same time. Executing this bold idea was no easy technical endeavor. What resulted was not only the meteoric rise and continued success of Game of War, Fire Age and Technology Strike, but a global, scalable platform capable of the simultaneous exchange of data between millions of endpoints worldwide with unparalleled speed and efficiency in real time. The application of their Realtime technology reaches far beyond games and makes the internet of tomorrow possible today.

Lithium Technologies

Lithium Technologies provides market-leading solutions for building successful online communities. Lithium's on-demand technology, backed by community management expert services, enable clients to increase brand loyalty, sales, and customer satisfaction while decreasing customer care costs. Lithium's solutions have been implemented by many of the world's largest organizations around the world. Vertical markets served include telecommunications, media, entertainment, technology and e-tail.

Fuze

Fuze (aka Thinking Phone Networks) is a C3 platform that provides a hosted intelligence capability by combining voice and customer communications with business and customer management applications. The company focuses on delivering solutions that solve the evolving collaboration challenges inherent in today’s increasingly mobile and social workforce.

Proterra

TPI Composites, Inc.

TPI Composites is a global provider of wind turbine blades and other advanced structural composites products, with more than 2,000 employees who are also expert innovators in the transportation and military vehicle markets.

Mattersight

Mattersight helps brands have better chemistry with their customers. Using a suite of innovative personality-based products, Mattersight can analyze and predict customer behavior based on the language exchanged during service and sales interactions. This insight can then facilitate real-time connections between customers and the agents best capable of handling their needs. Mattersight's patented stack of SaaS products has influenced hundreds of millions of shorter, more satisfying customer interactions. Organizations across the Financial Services, Healthcare, Technology, and Telco industries rely on Mattersight to drive customer retention, employee engagement, and operating efficiency.

Vela Trading

Vela Trading Technologies (“Vela”) is a leading provider of market data software, managed services, and content to global financial services clients, connecting banks, hedge funds, and other buy and sell-side firms to the global markets for trading across many asset classes. Vela software processes pricing, trading, and other data from exchanges (and other sources), cleans and normalizes that data, and distributes it for a variety of trading and order execution applications.

Hercules’ understanding and decades of experience working with companies in the life sciences sector meant they were able to recognize the elements – an experienced management team, a solid product and a well-managed balance sheet – that make up a company positioned to realize its full potential.

By turning to Hercules, a specialty finance company that focused on venture debt in the technology space, Druva was able to access more capital than a traditional bank could provide and avoid the dilution that would be caused by raising additional equity.

Plug Power had been experiencing tremendous growth and needed to obtain non-dilutive, growth capital. This would mean finding a financial partner that could understand its sophisticated financing structure which included a number of instruments like sale/leaseback project financing.

The Hercules’ Special Situations underwriting team recognized that despite setbacks, ReachLocal’s fundamentals remained strong, and the company was led by a very talented management team. In April 2015, ReachLocal closed on a $25 million long-term loan facility with Hercules Capital to meet working capital needs.